Liberum Capital reissued their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a report issued on Friday morning. The brokerage currently has a GBX 8,400 ($109.65) target price on the stock.
Other equities research analysts also recently issued reports about the company. Societe Generale reiterated a buy rating on shares of Reckitt Benckiser Group Plc in a report on Monday, August 1st. Kepler Capital Markets increased their price target on Reckitt Benckiser Group Plc from GBX 7,425 ($96.92) to GBX 8,500 ($110.95) and gave the stock a buy rating in a report on Tuesday, July 5th. HSBC reiterated a buy rating and issued a GBX 8,100 ($105.73) price target on shares of Reckitt Benckiser Group Plc in a report on Thursday, June 30th. Credit Suisse Group AG set a GBX 7,950 ($103.77) price target on Reckitt Benckiser Group Plc and gave the stock a buy rating in a report on Monday, July 18th. Finally, Commerzbank AG set a GBX 8,500 ($110.95) price target on Reckitt Benckiser Group Plc and gave the stock a buy rating in a report on Thursday, July 21st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 7,631.58 ($99.62).
Reckitt Benckiser Group Plc (LON:RB) opened at 7358.80 on Friday. The company’s market capitalization is GBX 51.89 billion. Reckitt Benckiser Group Plc has a one year low of GBX 5,839.08 and a one year high of GBX 7,786.00. The stock’s 50 day moving average price is GBX 7,315.06 and its 200-day moving average price is GBX 7,082.99.
Reckitt Benckiser Group Plc Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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